Terraced house for sale in Wolverhampton WV10, 4 Bedroom

Description

Ideal Investment Opportunity, sold as seen or available vacant possession. Both Flats are sold together as an investment but can be sold individually.

This property is perfect for experienced or first time investors offering potential net rental income of £8,940 p.A giving a substantial return of investment of 6.39%

The property offers:-
Ground Floor Flat:-
The property is ideal for disabled person and family the property offers:-

A spacious two bedroom, back bedroom has separate door ideal for disabled excess, lounge/dining room, spacious size kitchen, bathroom, shared yard with shared rear garden with flat above which is also available.

First Floor Flat:- Excess from the side, two bedroom, lounge, kitchen, bathroom, shared yard with shared rear garden with ground floor flat which is also available.

Property is located in the north east of Wolverhampton City Centre just of the Cannock Road, which is approximately 3/4 of a mile away from Wolverhampton Rail Station. With excellent local schools most noteworthy of which are, Woden Primary School and Heath Park Secondary school, both of which have recently received an outstanding Ofsted report.

Tenancy Information

Access
Steps leading to front door

Entrance hall
Long entrance hall with small ceiling archway above, carpeted. Leading to

Bedroom 1
w: 3m x l: 3.33m
From hallway first right, Spacious size, natural colours, double bed will fit, bay window, GCH radiator, carpeted, room for wardrobes, gas box with shelving above to the left of the window, electric meter boxed in to the left of window.
9'10"(+8'x9")x10'11"

Understairs Storage
Door to right before the living room, used for storage only.
No door but frame still in place if needed to be replaced at a later date.

Living Room & Dinning Area
Spacious family room, GCH Radiator, carpeted, far right near window this area is used for dinning enough space for table and chairs, double glazed window.

Living (9'4")x(10'11")

Dinning area (6'11"x appx2'7")

Window to wall:- (3'2")

Kitchen
w: 2.59m x l: 4.9m
Spacious kitchen space for breakfast bar area, laminated flooring, gas cooker, fitted kitchen with tiles above cooker, units, area near the sink. Double sink unit to the right, wooden shelve with combi boiler above (make:- Vaillant), smoke alarm, double glazed windows, sliding door to.....(16'1x8'6")

Utility
Sliding door, hallway to back room & bathroom, currently used as a utility area, laminated flooring, GCH, D.G.Window.

Main Family Bathroom
To the right with sliding door, shower over bath, wc, sink basin, D.G. Window, all tiled, GCH, shower curtain rod.

Bedroom 2
w: 5.13m x l: 3.61m
Spacious large bedroom located at the back of the property, this room is idea for disabled people as wheel chair excess to rear of property. Currently has space for double bed and kids double bunk bed, GCH, air filter vents, 3 double glazed windows, back door double glazed. (16'10" x 11'10"1/2)

Back Yard/Rear Garden
Shared rear garden with flat above.
From the kitchen back door all paved area ideal for wheel chair to back room external door, excess to back yard from front a wood door, all disabled railings on back doors. Rear garden spacious overlooking block of flats/housing, fencing & block bricks surrounding.

Fixtures & Fittings
All fixtures & fittings belong to tenants.

Rental Information
The property is currently tenanted the family have been there for over a year. This property is perfect for experienced or first time investors offering a net rental income of £4,200 giving a substantial return of investment of 5.6%

Tenancy Information
The Agent has not checked the legal documents to verify the Freehold/Leasehold status of the property. The buyer is advised to obtain verification from their Solicitor or Surveyor.

The property is currently tenanted the family have been there for over a year.
Tenure:- Leasehold
Lease term (years):-125
Ground rent:- £250 Per year
Maintenance charge
£250 Per year

First Floor Flat

Access
Door double glazed, art text ceiling, carpeted throught to upstairs, stairs to upstairs

Hallway
Door on left access to living area, carpeted, to right to 1st bedroom/kitchen and excess to upstairs bedroom.....

Living room
w: 4.09m x l: 3.68m
Front facing 2 windows, gas central heating, carpeted.
(13'5"x 12'1")

Bedroom 1
No access bedroom boarded up due to bedroom tax.

Bathroom
To the right, informed by the tenant wc, shower, wash basin.

Kitchen
Double glazed window, kitchen units, electric hob, tiled around, GCH, combi bolier, single sink, ceiling art textured, smoke alarm. (9'10 ½ "x 8 'x 2'5 ½")

Hall
Off the hallway door leading to upper floor small hallway used for storage. Area carpeted

Stairs to
Caperted stairs case in centre of room.

Top Floor Converted Into Attic Room
w: 0.99m x l: 5m

Upstairs bedroom, light airy room, carpeted 2 double glazed windows, 1 roof style, GCH.

Back Yard/Rear Garden
Shared rear garden with flat above.
From the kitchen back door all paved area ideal for wheel chair to back room external door, excess to back yard from front a wood door, all disabled railings on back doors. Rear garden spacious overlooking block of flats/housing, fencing & block bricks surrounding.

Location
Property is located in the north east of Wolverhampton City Centre just of the Cannock Road, which is approximately 3/4 of a mile away from Wolverhampton Rail Station. With excellent local schools most noteworthy of which are, Woden Primary School and Heath Park Secondary school, both of which have recently received an outstanding Ofsted report.

Fixtures & Fittings
All fixtures & fittings belong to tenants.

Rental Information
The property is currently tenanted the family have been there for over a year. This property is perfect for experienced or first time investors offering a net rental income of £4,740 giving a substantial return of investment of 6.32%

Tenancy Information
The Agent has not checked the legal documents to verify the Freehold/Leasehold status of the property. The buyer is advised to obtain verification from their Solicitor or Surveyor.

The property is currently tenanted to The P3 Organisation current tenant been in for approx 2 years.

Tenure:- Leasehold
Lease term (years):-125
Ground rent:- £250 Per year
Maintenance charge
£250 Per year

Reference: RS0003

Please Note

Net rental income of £8,940 p.A giving a substantial return of investment of 6.39%

Please Note

Items shown in photographs are not included unless specifically mentioned within the particulars. They may however be available by separate negotiation. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor or Surveyor. References to the tenure of a property are based on information supplied by the seller. The agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor.

Making An Offer

In order to clarify the process, all offers should be either confirmed in writing or telephoned through to the relevant office.

We will need to verify your buying position and ability to proceed, therefore if you require a mortgage we will ask to see a copy of your Mortgage Certificate. If this is not available, you will be contacted by our Financial Advisor to confirm your ability to proceed, although you are not obliged to use the services of our Financial Advisor.
If you are a cash purchaser, we will require proof of funds for our records.

Services

The Agents have not tested any Equipments, Fixtures, Apparatus, Fittings or services and so cannot verify they are in working order or fit for their purpose.
The buyer is advised to obtain verification from their Solicitor or Surveyor.

Viewings

Strictly by prior appointment with John Miller Estate Agents on . Our office is open 6 days a week, Monday to Friday 9.00am till 5.30pm and Saturdays 9.00am till 2.00 pm.